how much was a barrel of oil before the iran conflict started
Brent crude was roughly in the low-$70s per barrel right before the Iran conflict started, with reports saying it was at its lowest since February 27 and around $71 a barrel in early July as it returned to prewar levels.
What that means
- The “before” price depends on which benchmark you mean, but the main global benchmark, Brent, was around $71/barrel before the war-related spike.
- After the conflict began, oil briefly moved higher, then later fell back toward those prewar levels.
Quick context
- If you want the exact price on a specific day before the conflict started, I can narrow it down to a date-based figure.
- If you mean WTI instead of Brent, the number would be slightly different.